Description

In this episode of the Industrial Insights podcast, Justin Smith interviews Chelsea Tamuk Levane from Cabot Properties. Chelsea shares her journey from intern to overseeing the West Coast operations at Cabot, discussing the company's growth, market focus, and strategic decisions in the industrial real estate sector. The conversation delves into networking, staying informed about market trends, managing acquisitions, and the challenges of the current leasing environment. Chelsea emphasizes the importance of understanding tenant needs, the intricacies of the bidding process, and the significance of in-house property management. The episode concludes with insights on exit strategies and the future outlook for industrial real estate.

Key Takeaways

• Chelsea Tamuk Levane has been with Cabot Properties for 10 years, starting as an intern.
• Cabot Properties has grown significantly, now operating in multiple international markets.
• Networking through organizations like NAIOP and ULI has been beneficial for Chelsea.
• The focus is on core coastal markets for investment opportunities.
• Staying informed through brokers and market data is crucial for success.
• Managing acquisitions requires strong organization and communication within the team.
• The bidding process has become more competitive, especially in a changing market.
• Underwriting involves both quantitative data and qualitative insights.
• Building attributes are still important despite current market pressures.
• Regular tenant communication helps mitigate surprises during the sale process.

Chapters